reasons to invest in malta
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Reasons to Invest in Malta
A presentation brought to you by LawyersMalta.eu
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Why Open a Company in Malta?
When it comes to reasons for investing in Malta, one wouldn’t know what to begin with.
Despite being one of the smallest countries in the world and in Europe, Malta has one of the greatest densities in population due to the great number of foreign citizens moving here.
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Malta, a Magnet for Foreign Investments
The number of FDI has continuously grown starting Malta’s adherence to the European Union, as the country adopted most of the European Union and Council’s directives which provided for foreign companies to benefit from immense advantages when investing here.
Companies in the Middle East and Asia have also found a good corridor to Europe through Malta.
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Incentives for Foreign Investments in Malta
Malta offers a lot of incentives for foreign investments and among those we can mention:
the Malta Freeport which is a customs-free zone that offers companies reduced tax rates and investment credits;
the Individual Investor Program designed for non-EU citizens;
loans for businesses in the industrial area;
indefinite work licenses for shareholders owning more than 40% in a company.
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Laws Related to Foreign Investments in Malta
The most important laws on foreign investments in Malta are:
The Income Tax Act of 1948 and its amendments that set an unique tax rate of 35% for Maltese limited liability companies.
The Business Promotion Act that offers incentives to companies that act in the areas of manufacturing, repairs or maintenance.
The Malta Enterprise Act enabled in 2003 that provides rules and regulation for granting incentives.
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Most Attractive Investment Industries in Malta
Among the industries attracting FDI now are the maritime, the services, the manufacturing and the financial sectors.
However, other emerging industries have started to develop during the last few years thanks to the modernization of the legislation.
Among these, the electronics, IT, pharmaceutical and gaming industries are currently attracting the largest number of foreign investors.
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Tax Incentives in Malta
Due to Malta’s full imputation taxation system, even if the corporate tax rate is set at 35%, the tax is actually taken down to much lower values due to the participation holding shareholders are allowed to have.
For example, shareholders are entitled to ask for refunds of the 6/7th part of the tax on dividends, therefore the tax will be taken down to 5%.
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Other Reasons for Investing in MaltaApart from its legislation which favors foreign investments, Malta has a lot of other attributes which make foreign enterprisers choose it over other EU countries.
Among these are: the skilled and cheap workforce which is also
fluent in English and other European languages;
the country’s excellent infrastructure which links all small islands;
the economic stability.
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Assistance in Opening a Company in Malta
We provide a wide range of services for foreign investors interested in starting a business in Malta or expending their activity in this country.
For assistance with the company registration procedure, you can contact our Maltese lawyers.
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Thank you for your attention!
For more information, please contact us at:(+44) 203-287 0408 (for international clients)
www.lawyersmalta.eu
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